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Technical snag wipes out US utility firm’s worth

New York, Nov. 9: BlackBerrys were buzzing inside Progress Energy in Raleigh, N.C. in a blink, the 102-year-old utility had been virtually wiped out on Wall Street.

For no apparent reason, Progress’

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.